@mikecane @WarnerCrocker there is no actual evidence any such product exists or is in planning. An analyst suggested Apple might be considering a 'lower-cost MacBook’.
Lower-cost in Apple terms likely isn't $699, even if true 😅 It just means a price point starting somewhere under the MacBook Air's $999 (and since Apple likes $100 increments, $899 is a 'lower cost’)
If such a thing has an M-series CPU, then yes, incredibly powerful laptop.
If it's an A-series, a little more up in the air